Comments on: Keynes, inflation and the Green New Deal http://www.debtonation.org/2008/08/keynes-inflation-and-the-green-new-deal/ Wed, 08 Feb 2012 08:39:46 +0000 hourly 1 By: Bill Patrick http://www.debtonation.org/2008/08/keynes-inflation-and-the-green-new-deal/comment-page-1/#comment-1224 Bill Patrick Tue, 18 Aug 2009 15:04:54 +0000 http://debtonation.org/?p=104#comment-1224 I'm fascinated as to how monetarism could have possibly dominated the 1970s, given that Milton Friedman was almost universally considered a raving vooodoo witch-doctor by politicians and economists alike through most of the 1970s. An inflationary crisis in a Keynesian economy is inevitable without a sobering force like the Bretton Woods system. I’m fascinated as to how monetarism could have possibly dominated the 1970s, given that Milton Friedman was almost universally

considered a raving vooodoo witch-doctor by politicians and economists alike through most of the 1970s.

An inflationary crisis in a

Keynesian economy is inevitable without a sobering force like the Bretton Woods system.

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